*Bajaj Hindusthan* swung to loss for the quarter ended December 2008. During the quarter, the company reported loss of Rs 559.40 million compared with a profit of Rs 296.70 million in the same quarter last year due to huge increase in interest and depreciation cost.
Net sales for the quarter rose 5.32% to Rs 3,622.40 million, while total income for the quarter rose marginally 2.70% to Rs 3,622.40 million, when compared with the prior year period. The company posted loss of Rs 3.96 a share during the quarter compared with earnings of Rs 2.10 a share in prior year period. *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07* *%Change* *Net Sales* 3,622.40 3,439.50 5.32 *Net Profit* (559.40) 296.70 - *Basic EPS* (3.96) 2.10 - During the quarter, the operating margin of the company dropped to 2.49% compared with 27.35% in the previous year period. Interest cost increased 2.51 times to Rs 486.40 million while depreciation cost rose 12.33% to Rs 484.50 million over previous year period. --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Kences1" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/kences1?hl=en -~----------~----~----~----~------~----~------~--~---
